Wholesale Sourcing for Art To Sell on eBay

When I published my book, Selling Art, Antiques and Collectibles on
eBay, I included a short section about sourcing product. However I came
across this great article by Rob Cowie and Chris Malta from
WorldWide
Brands OneSource (my top recommendation for wholesale sourcing)

Finding Art to Sell on eBay and Other Online Venues

by Chris Malta and Robin Cowie

Art has a huge market both on eBay and online. In fact, it’s one of the
most popular categories on eBay. According to appraiser Alan Bamberger, of
ArtBusiness.com, selling art isn’t as challenging as many online sellers
fear.

A Simple Plan

So how do you get started sourcing art to sell on eBay or your website?
Bamberger recommends following several steps for an easy entry into the
world of art retail:

1. Find a Niche

Many Internet retailers feel under-qualified to sell art because they know
so little about it. You don’t need to be an art expert to sell it, but you
need to learn about whatever it is that you’re selling. You can study as
you go and become an expert in your category.

It’s imperative you find an area to specialize in because selling broad
isn’t a good strategy. “A little bit of everything is a recipe for
disaster,” warns Bamberger. “You have to zero in on a niche area – from
there; you can start acquiring a knowledge base.” For example, if you like
beach paintings, you might concentrate on paintings of Connecticut beaches
or Miami beaches. Or pick a specialty such as nature paintings, animals,
aircraft or military art or art for the kitchen.

2. Do Some Talent Scouting

When looking at an artist’s resume, you need to verify that they show and
sell consistently. You can start your talent search online. Try Googling
the type of art you want to sell on eBay, such as “coastal scene
paintings.” Or look on eBay at thousands of artists who represent
themselves there. Other useful sites include:

AbsoluteArts.com, where thousands of artists have their own galleries

Guild.com, where craft artisans show their works

ArtExpos.com, home site to a large art tradeshow

ArtNet.com, where many of the world’s leading galleries display high-end
art

While some dealers may qualify you to ensure you’re serious about buying
before speaking with you directly, the majority of artists and galleries
will be more than happy to talk to you and sell you some art. Until you’ve
acquired an expertise in your field, it’s best to only buy from reputable
dealers, galleries, agents, etc.

3. Establish Fair Market Value

How do you know what you should be paying for a piece? There are a number
of indicators that can help you arrive at the right price:

See who’s selling similar art and what prices they’re getting. Art is
similar to real estate in this regard – no two pieces are alike, but the
prices for similar works won’t be too far off.

Look at the artist’s track record, how far they are in their career. The
more accomplished an artist becomes, the more their work acquires a
premium value.

Use an online database service, like www.ArtPrice.com or
www.GordonsArt.com, which lists millions of art auction records and is
constantly updated with the latest auction results from all over the
world.

The bottom line in determining what you can pay for a piece is, Do you
have room to mark it up? There’s no standard pricing mark-up for art. You
simply have to figure out your expenses, what you need to be making, and
how much you need to sell, and set your prices accordingly.

Following Through

Selling art on eBay can be a very profitable venture. It’s just a matter
of doing your homework – finding the right niche, the right artists, and
the right price. Says Bamberger, “Art isn’t some mystical commodity only
art people know about—it’s very matter-of-fact. Any online retailer who
takes the time to do their research can be very successful in this area.”

If you would like to learn more about sourcing art and specialty products
for eBay and the internet: Check out
OneSource. They are the only
wholesale sourcing program I currently recommend.

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